Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Green hydrogen a major investment draw

08 Jun 2023 - by -
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Namibia envisions that it will identify three more green hydrogen valleys over time, in addition to Hyphen Hydrogen Energy, which has received the go-ahead for the development of an H2production plant worth an estimated N$9.4 billion.The first phase of the plant near Lüderitz is expected to begin output in 2026, and expectations are that by 2030 it will produce five gigawatts of renewable energy and 3GW of electrolysis, overall pushing out 300 000 tonnes of green hydrogen.According to the Namibian Investment Promotion and Development Board (NIPDB), it will give the country a “comparative advantage in (the global) green H2 value chain”, a statement supported by energy research consultancy Wood Mackenzie.Addressing delegates at a Logistics Hub Forum held in Walvis Bay in March, NIPDB manager for Public Investments, Johannes Shipepe, punted the hydrogen rollout as one of the country’s top development stories.He said Namibia would like to position itself internationally as a production location for green hydrogen due to its very good renewable energy potential.At a relatively low cost of N$25-33 per kilogram, the consensus is that Namibia could very well have an edge in the market for global green H2 output.Taná Pesat, corporate communications manager for Namibia’s ports authority, Namport, believes the announcement in November 2021 – that Hyphen will build a green H2 plant in the Tsau/Khaeb National Park south of Lüderitz – is one of the biggest news events for Namibia.“It will create more jobs in Lüderitz than anything we have seen before it.”Diamond mining and the rise of Debmarine placed the fishing village on the map, creating about 1 000 jobs, followed by fish exports through Novanam, a Pescanova Group company, through which 2 000 people found employment.“But the Hyphen development is massive,” she said. “It’s going to change Lüderitz.”By all accounts this process is already under way, with local newspapers reporting an unprecedented inf lux of people.At last count, at least 2 000 jobseekers had ‘swelled’ the small population of a coastal hamlet many feared was heading in the same direction as Kolmanskop, the ghost town and tourist attraction on the outskirts of Lüderitz.

 

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

June 2023 Compendium

View PDF
SA advised to align with Brazil rather than Russia
08 Jun 2023
Neutral consolidator offers dynamic solutions for US market
08 Jun 2023
Colombian acquisition offers ‘immense’ growth potential
08 Jun 2023
SA ‘playing with fire’ over Russian stance
08 Jun 2023
General road freight on the Trans-Kunene almost non-existent
08 Jun 2023
Korridor builds stronger network
08 Jun 2023
Kazungula rigged for ramped-up volume, says corridor expert
08 Jun 2023
Oil and gas, Namibia’s trump card
08 Jun 2023
Oil and gas, Namibia’s trump card
08 Jun 2023
Oil and gas, Namibia’s trump card
08 Jun 2023
Extending operational hours could unlock port’s potential
08 Jun 2023
Platform figures support port’s growing popularity
08 Jun 2023
  • More

FeatureClick to view

Road & Rail 27 June 2025

Border Beat

Forum tightens net against border corruption
25 Jun 2025
Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Multi-Modal Controller

Tiger Recruitment
JHB North
27 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us